Hungary: Modernizing the Subnational Government System
S. El Daher,
M. Noel and
World Bank - Discussion Papers from World Bank
This paper discusses key findings and policy proposals for modernizing Hungary's subnational government system the perspective of fiscal decentralization, local capacity building, and development of a competitive credit market. Hungary has been a pioneer in local government reform among transition economies; it has decentralized the state administration, re-established the full autonomy of local governments, and tightened budget constraints.
Keywords: GOVERNMENT SYSTEM; CREDIT; TRANSITION ECONOMIES (search for similar items in EconPapers)
JEL-codes: O53 N45 O16 (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:fth:wobadi:417
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